INSUBCONTINENT EXCLUSIVE:
Official data from the B3 exchange and the trading session confirm this close, with the index reaching an intraday peak of 141,303.55
points.The market advanced 1.35% over the previous day, driven by strong external factors and robust trading volumes
labor market report showed 147,000 jobs added in June, surpassing expectations
The unemployment rate fell to 4.1%, which eased concerns about a sharp economic slowdown in the United States.These developments reduced the
likelihood of imminent interest rate cuts by the Federal Reserve, which supported global risk appetite
Chinese iron ore futures rose 2.45% during the session, directly benefiting Brazilian exporters.Vale, the largest miner on the B3, saw heavy
However, the stock gave up early gains by the close, reflecting some profit-taking as the commodity rally faded late in the day.Ibovespa
Sets New Record as Commodities and Wall Street Drive Gains
(Photo Internet reproduction)Petrobras shares gained strength in the final hour, despite mixed oil prices, as investors rotated into
a Supreme Court case involving IOF tax rates
This uncertainty did not prevent the market from advancing, but it added a layer of caution to trading.Klabin led the winners, rising on
expectations of strong second-quarter results and news of a R$700 million investment related to the Plateau Project.Embraer also
outperformed after delivering 61 aircraft in the second quarter, which analysts described as a positive sign for its production targets
Other notable gainers included Engie Brasil and Ambev, which benefited from sector rotation and defensive positioning.On the downside,
Vale, despite early momentum, ended flat to slightly down as iron ore prices retreated.Technical analysis of the daily chart shows the
Ibovespa in a clear uptrend
The index traded above its 20-day and 50-day moving averages, confirming bullish momentum.The Relative Strength Index (RSI) closed at 63.58,
indicating strong momentum but not yet overbought
The MACD histogram turned positive, supporting the case for continued strength.Bollinger Bands expanded, reflecting increased volatility and
validating the breakout to new highs
and a market capitalization of R$4.4 trillion
The materials, telecom, and consumer discretionary sectors led gains, while energy and consumer staples lagged.ETF flows into Brazilian
equities stayed positive, though the pace slowed compared to earlier in the year
confirmation.However, the market approaches overbought territory, and traders remain alert to shifts in external sentiment and local